Minneapolis to vote on $15/hour minimum wage

[Murica!]

Who wouldn't like to get paid more? Lol deciding this based off public referendum is dumb. The public does't understand minimum wage, they just think "more money=good!".  An 18 year old working at Burger King is not worth $15 an hour.  Those jobs will be automated right away.

An inevitable outcome regardless.

automated jobs? Am I wrong, or do you actually think that would be a good direction to go ahead in.

Am I wrong, or do actually think that continuing menial work is a good direction to go in?

[Murica!]

Hopefully they vote no

hopefully people don't vote for something that will help them and almost everyone else

Like massive increases in prices  , laying off people will help people

That isn't how economics work.

[Murica!]

Hopefully they vote no

hopefully people don't vote for something that will help them and almost everyone else

Like massive increases in prices  , laying off people will help people

That isn't how economics work.

Read an economic text book for once , or take an economics class in college

Did that, bro

[Murica!]

Wow, a single concept taken in a vacuum with acknowledging what happens to consumption and demand for products, or anything else for that matter, as a result of this change. What a novel approach! How did all the economists miss it?!

Yeah, smilo said everything I would have(and probably with less expletives too!)

[Murica!]

Wow, a single concept taken in a vacuum with acknowledging what happens to consumption and demand for products, or anything else for that matter, as a result of this change. What a novel approach! How did all the economists miss it?!

Demand will increase but not enough to make up for that much of an increase in the minimum wage, unless you resort to increase prices or decreasing the work force or hours

Please do show where you got these "statistics." Your ass is an acceptable answer as it's at least honest.